https://www.taxtmi.com/caselaws?id=353015 The Appellate Tribunal upheld the deletion of the addition under section 41(1) of the Income Tax Act, 1961. The Tribunal found that the Assessing Officer failed to prove the cessation of liability based on the conditions outlined in the Act. Emphasizing the importance of thorough investigation and proper evidence, the Tribunal ruled in favor of the assessee and dismissed the Revenue's appeal. en-us Wed, 20 Dec 2017 00:00:00 +0530 Tue, 26 Dec 2017 08:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353015 The Appellate Tribunal upheld the deletion of the addition under section 41(1) of the Income Tax Act, 1961. The Tribunal found that the Assessing Officer failed to prove the cessation of liability based on the conditions outlined in the Act. Emphasizing the importance of thorough investigation and proper evidence, the Tribunal ruled in favor of the assessee and dismissed the Revenue's appeal. Case-Laws Income Tax Wed, 20 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353015